Ethylene Carbonate Market is expected to reach USD 1,161.95 Million by 2029

Ethylene Carbonate Market Overview

The new market intelligence report published by Global Market Intelligence firm, Maximize Market Research, indicates the lucrative growth for Ethylene Carbonate Market suppliers in the forecast period through 2029. The Maximize Market Research, an Ethylene Carbonate   market research firm, has served more than 600 clients across the world since 2017.

Market Scope

The report provides current Ethylene Carbonate market trends and regional insights in terms of demand, supply, and sales, as well as recent changes in the market. The Ethylene Carbonate market report focuses on the key drivers and restraints for key players, as well as the current competitive landscape and development prospects. The Ethylene Carbonate market report provides the most up-to-date market statistics, as well as future developments, size, and emerging trends, allowing you to identify the products and end users that are driving revenue growth and profitability. Company Profile, Product Specifications, Production Capacity/Sales, Revenue, Price, Gross Margin & Sales by Product are all included in this global Ethylene Carbonate market research report.

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Key Segments Covered In Ethylene Carbonate Industry Analysis :

Based on Form, solid form dominated the global Ethylene Carbonate market with a revenue share of more than 50.0% in 2021. This is due to increased use in a variety of applications such as chemical intermediates, solvents, plasticizers, and lubricants. In these applications, EC in solid form is primarily employed to serve end-use sectors like as automotive, medical, chemical, and industrial. Solid ethylene carbonate is used in the production of cosmetics, medicines, and soldering fluxes. Furthermore, it is utilised as a solvent in the oil and gas sector to aid lower viscosity during high temperature or extreme pressure drilling operations where other fluids are too thin to operate efficiently.

Based on Application, the lubricants segment dominated the global Ethylene Carbonate market with a revenue share of over 30.0% in 2021 because of its wide usage in multiple end-use industries, such as automobile, industrial, and oil & gas. Furthermore, the increasing use of such lubricants in the vehicle sector and engine manufacturing for collecting, cooling, and cleaning engines is expected to increase demand for ethylene carbonate. Lithium-ion battery electrolytes are critical components in the manufacture of rechargeable batteries for electric cars (EV). Because of its strong polarity, ethylene carbonate is often employed in the production of such electrolytes.

Key Players : 

• Thermo Fisher Scientific (US)
• Empower Materials (US)
• Huntsman International LLC (US)
• Alfa Aesar (US)
• Chevron Phillips Chemical (US)
• BASF SE (Germany)
• The Merck Group (Germany)
• Mitsubishi Chemical Holdings Corporation (Japan)
• FUJIFILM Wako Pure Chemical Corporation (Japan)
• Toagosei Co., Ltd. (Japan)
• New Japan Chemical Co. Ltd (Japan)
• Tokyo Chemical Industry Co. Ltd (Japan)
• Otto Chemie Pvt. Ltd. (India)
• RX Marine International (India)
• Vizag Chemical (India)
• Antares Chem Private Limited (India)
• Parsol Chemicals Pvt. Ltd. (India)

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Regional Analysis

Ethylene Carbonate Region dominated the Ethylene Carbonate Market in 2021 and is expected to witness significant growth during the forecast period. Government initiatives in the sector and regulations and rein in rising expenses drive the Ethylene Carbonate Market growth in the region. The Ethylene Carbonate market report includes a geographic condition of the market, and revenue as well as in-depth research into the business network structure, opportunities, and news updates.

Key Questions answered in the Ethylene Carbonate Market Report are:

• What is Ethylene Carbonate Market?
• What is the forecast period of the Market?
• What is the competitive scenario of the market?
• Which region held the largest market share in the Market?
• What are the opportunities for the Market?
• What factors are affecting the market growth?
• Who are the key players of the market?
• Which company held the largest share in the market?
• What will be the CAGR of the market during the forecast period?
• What key trends are likely to emerge in the market in the coming years?

Key offerings:

• Market Share, Size, and Forecast by Revenue|2022-2029
• Market Dynamics- Growth drivers, Restraints, Investment Opportunities, and key trends
• Market Segmentation: A detailed analysis by Ethylene Carbonate
• Landscape- Leading key players and other prominent key players.

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About Maximize Market Research:

Maximize Market Research is a multifaceted market research and consulting company with professionals from several industries. Some of the industries we cover include medical devices, pharmaceutical manufacturers, science and engineering, electronic components, industrial equipment, technology, and communication, cars, and automobiles, chemical products and substances, general merchandise, beverages, personal care, and automated systems. To mention a few, we provide market-verified industry estimations, technical trend analysis, crucial market research, strategic advice, competition analysis, production and demand analysis, and client impact studies.

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